Lombard Odier — one of Switzerland's oldest private banks — was indicted by Swiss prosecutors on charges of aggravated money laundering. Karimova was indicted by the attorney general in 2023 on accusations of laundering money that was a result of criminal activities in Switzerland between 2005 and 2012. "Investigations have led the OAG to believe that part of the money laundered in Switzerland may have been transferred in bank accounts at ... Lombard Odier in Geneva. Lombard Odier, whose origins date back as far as 1796, denies the allegations. The bank said the case was initiated by Lombard Odier's "proactive reporting of suspicions to the Swiss authorities."

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Persons: Lombard, —, Lombard Odier, OAG, Gulnara Karimova, Islam Karimov, Karimova, Gregoire Mangeat Organizations: Federal, Investigations, Bank, CNBC, Swiss Locations: Switzerland, Uzbekistan, Geneva